Which of the Following Is True About Core Employees

question 15

Multiple Choice

Which of the following is true about core employees?

• A)They are employees whose employment agreements cover only short, specific time periods.
• B)They can be contracted and expanded more easily than the contingent workers.
• C)They help achieve flexibility and control labour costs.
• D)They bring about an increase in the fixed portion of labour costs.
• E)They have many varied compensation packages.

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Definitions:

Unilateral Contract

A promise made by one party in exchange for the performance of a task or action by another party.

Past Consideration

A benefit already provided or an action already performed, which cannot legally constitute consideration for a current contract.

Consideration

A value that is exchanged between parties in a contract, making the agreement legally binding.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another party, if the latter has reasonably relied on that promise to their detriment.